GUWAHATI: The Indian Institute of Management, Shillong, has recorded a 14 per cent jump in average salaries over last year with the completion of its ninth final placement season.
An official statement on Tuesday said the lone B-School of the North East recorded a median CTC (cost to company) of Rs 16 lakh per annum in the placement season for the batch of 2016-18. The highest domestic CTC stood at Rs 26 lakh per annum.
The institute’s flagship Post Graduate Programme in Management (PGPM) saw completion of final placement for its largest batch size till date.“The recruitment drive saw participations from 41 recruiters and 169 participants while two among them would be taking up entrepreneurial ventures. Noticeably, the mean CTC for the top 20 per cent of the batch stood at Rs 21 lakh per annum and that for the top half increased to Rs 18.5 lakh per annum,” the statement from IIM said.
The season saw a record increase in the number of pre-placement offers with one-third of the batch receiving such offers.
The institute had also completed its summer placement season securing 187 offers with a highest stipend of Rs 3lakh.
